Cross 9e TBB Ch03
Chapter 3
Alternative and Online
Dispute Resolution
N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows.
N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.
TRUE/FALSE QUESTIONS
1. Few civil lawsuits are settled before trial.
answer: F PAGES: Introduction TYPE: + BUSPROG: Reflective AICPA: BB-Risk Analysis
2. Litigation is the process of resolving a dispute through the court system.
answer: T PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Risk Analysis
3. In mediation, the mediator proposes a solution and makes a decision resolving the dispute.
answer: F PAGES: Section 1 TYPE: + BUSPROG: Reflective AICPA: BB-Critical Thinking
4. A mini-trial is a private proceeding in which each party’s attorney argues the party’s case before the other party.
answer: t PAGES: Section 1 TYPE: = BUSPROG: Reflective AICPA: BB-Critical Thinking
5. Facilitation is adversarial in nature.
ANSWER: F PAGES: Section 1 TYPE: + BUSPROG: Reflective AICPA: BB-Critical Thinking
6. In arbitration, the third party’s decision may be legally binding or nonbinding.
answer: T PAGES: Section 2 TYPE: + BUSPROG: Analytic AICPA: BB-Legal
7. A submission occurs when one of the parties to arbitration agrees to give up his or her claims.
answer: f PAGES: Section 2 TYPE: = BUSPROG: Analytic AICPA: BB-Legal
8. Most states do not enforce agreements to arbitrate disputes between private parties.
answer: F PAGES: Section 2 TYPE: = BUSPROG: Analytic AICPA: BB-Legal
9. A compulsory arbitration in a consumer contract may be unconscionable.
ANSWER: T PAGES: Section 2 TYPE: = BUSPROG: Reflective AICPA: BB-Critical Thinking
10. An arbitrator’s award will not be set aside simply because the arbitrator let only one side argue its case.
answer: F PAGES: Section 2 TYPE: = BUSPROG:
Alternative and Online
Dispute Resolution
N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows.
N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.
TRUE/FALSE QUESTIONS
1. Few civil lawsuits are settled before trial.
answer: F PAGES: Introduction TYPE: + BUSPROG: Reflective AICPA: BB-Risk Analysis
2. Litigation is the process of resolving a dispute through the court system.
answer: T PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Risk Analysis
3. In mediation, the mediator proposes a solution and makes a decision resolving the dispute.
answer: F PAGES: Section 1 TYPE: + BUSPROG: Reflective AICPA: BB-Critical Thinking
4. A mini-trial is a private proceeding in which each party’s attorney argues the party’s case before the other party.
answer: t PAGES: Section 1 TYPE: = BUSPROG: Reflective AICPA: BB-Critical Thinking
5. Facilitation is adversarial in nature.
ANSWER: F PAGES: Section 1 TYPE: + BUSPROG: Reflective AICPA: BB-Critical Thinking
6. In arbitration, the third party’s decision may be legally binding or nonbinding.
answer: T PAGES: Section 2 TYPE: + BUSPROG: Analytic AICPA: BB-Legal
7. A submission occurs when one of the parties to arbitration agrees to give up his or her claims.
answer: f PAGES: Section 2 TYPE: = BUSPROG: Analytic AICPA: BB-Legal
8. Most states do not enforce agreements to arbitrate disputes between private parties.
answer: F PAGES: Section 2 TYPE: = BUSPROG: Analytic AICPA: BB-Legal
9. A compulsory arbitration in a consumer contract may be unconscionable.
ANSWER: T PAGES: Section 2 TYPE: = BUSPROG: Reflective AICPA: BB-Critical Thinking
10. An arbitrator’s award will not be set aside simply because the arbitrator let only one side argue its case.
answer: F PAGES: Section 2 TYPE: = BUSPROG: